It used to be there was:
Capitalism
Private sector employers employed workers who they paid as little as possible. It kind of worked though because at least people had some money
Socialism
The state taxed the rich to distribute to the less well of. Kind of worked as no one starved.
Now we have a new ism
The state taxes the poor to give to the rich. What do we call this?
Capitalism
Private sector employers employed workers who they paid as little as possible. It kind of worked though because at least people had some money
Socialism
The state taxed the rich to distribute to the less well of. Kind of worked as no one starved.
Now we have a new ism
The state taxes the poor to give to the rich. What do we call this?
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